Announced
Financials
Tags
Pending
diamonds
Minority
Specialty Contracting
Friendly
Single Bidder
gem trader
Cross Border
Acquisition
Private
Belgium
Synopsis
Botswana, an African state, agreed to acquire a 24% stake in HB Antwerp, a gem trader. Financial terms were not disclosed. “It’s a strategic partnership, it will add more value to Botswana not just in terms of price or money, but empowering the people of Botswana,” Rafael Papismedov, HB Antwerp Co-Founder.
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